Weebit Nano
WBT.AX
#7066
Rank
NZ$0.66 B
Marketcap
$3.24
Share price
-0.34%
Change (1 day)
-24.89%
Change (1 year)

P/E ratio for Weebit Nano (WBT.AX)

P/E ratio at the end of 2023: -22.7

According to Weebit Nano's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.8722. At the end of 2023 the company had a P/E ratio of -22.7.

P/E ratio history for Weebit Nano from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-22.793.02%
2022-11.7-22.58%
2021-15.2233.59%
2020-4.5516.17%
2019-3.91-80.03%
2018-19.62075.12%
2017-0.9011-35.76%
2016-1.40780.16%
2015-0.1594-90.19%
2014-1.620.51%
2013-1.62-88.08%
2012-13.675.83%
2011-7.71

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.